Charitable Lead Annuity Trusts (CLAT) enable you to transfer property to a trust, which pays a fixed annual amount, usually for a term of years, to the Miller-Dwan Foundation. At the end of the trust term, the remaining assets in the trust and any growth the trust has realized are passed to your heirs.

Although there is no income tax deduction when you create a CLAT, it is one of the only planned giving vehicles that can discount the value of the original assets and result in little or no taxes.

This gift calculation is only a sample of how planned giving tools can work for you. Please contact us, or your attorney or accountant, for more detailed information.

Input Descriptions

Full Name. Please enter the full name of the donor as you would like it to appear on the report.

Transfer Value. Enter the combined fair market value of all assets you would like to transfer. This can be as little as $10,000 or as much as $100,000,000.

Annuity Rate. Enter the Annuity Rate as a percentage (e.g. 5.0, 6.23). This rate will be multiplied by the trust's asset value on the transfer date to compute the level amount of income that will be paid to the charity from the trust each year. The higher the annuity rate, the higher the deduction.

Beneficiary 1 DOB. Enter your date of birth as MM/DD/YYYY (e.g. 10/21/1932). The year must include the century.